The internal investigation has long been a hallmark of the best practices of any company that is confronted with allegations of misconduct.

Unfortunately, it appears that many more businesses will face the need for internal investigations in the future. The economic meltdown, the resulting push for more regulation by Congress and the recent legislative changes to the federal whistleblower statute make it inevitable that more managers and boardrooms will receive reports of misconduct.

Thus it is imperative that business executives undersand the pluses and pitfalls of an internal investigation.

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